The Warehouse Group downgrades earnings guidance, raises possibility of loss

The Warehouse Group is trading near all-time lows. (Image: NZME)

Tue, 01 Jul 2025

The Warehouse Group has revised its full-year earnings guidance, citing a tougher-than-expected final quarter.The retailer said on Tuesday it now expected full-year earnings before interest and tax (Ebit) to range between a $5 million loss and a $5m profit for the 53 weeks ending Aug 3.That compares to earlier earnings expectations of approximately $5.5m, most recently provided in early May.The firm's share price was up 2.5% to 82 cents just after the NZX opened.Winter woesWhile it reported a 2.2% lift in third-quarter sales from a yea...

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